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fisher

Member since: Jun 08
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Does anyone have the expertice to answer theses Questions? I am wanting to cash out on a term life insurrance with a anniuity writer to add to my account , I recieve a 4% return on the amount. I was wanting to know if (1) this is the right thing to do considering 4% is not a bad return and (2)  can it be transfered to an individual trading account without any tax ramifications (a little less then 10000.00)  Advice would be greatly appreciated!

Posted June 23, 2008 (05:58PM)
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JasonW

Member since: May 07
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Age: 20's
Rio de Janeiro, RJ
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I already asked for tax information, but there is no tax advisers here. If you find some place, please PM me.

Posted June 27, 2008 (08:23AM)
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dwslater

Member since: Mar 07
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Age: 20's
UNITED STATES
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You need to visit a CPA.  I am a corporate tax accountant so I can't help.  Other than to say, the only two sure things are Death and Taxes.  Good luck.

Posted June 27, 2008 (09:26PM)